BEIJING, April 25 -- China's government is contemplating the suspension of its 125 per cent tariff on certain US imports as economic pressures from the ongoing trade dispute intensify for specific industries, according to sources familiar with the discussions.

This potential policy shift comes as both nations grapple with the economic repercussions of escalating trade tensions, Bloomberg reported.

Among the items being considered for tariff exemptions are medical equipment and industrial chemicals such as ethane, according to people who requested anonymity due to the sensitive nature of the deliberations.

Chinese authorities are also discussing waiving the additional tariff on aircraft leases, which would provide critical relief to Chi...